XFit Brands Expands Relationship with Supply Chain Partner EVB

XFit Brands, Inc. (XFTB), a global supplier of fitness and MMA equipment sold at retail and fitness outlets worldwide, whose brands include Throwdown and Transformations, has agreed to an expanded relationship, centralized fulfillment and improved financial terms with EVB, one of the company’s existing supply chain partners to further support its international expansion.

Shenzhen, China-based EVB recently visited XFit Brand’s global headquarters in Lake Forest, CA to conclude the new agreement.

EVB has been an existing partner with the Company for the past three years, and the new agreement builds on the increasing success that XFit Brands has been experiencing in executing its one-stop-shop for major fitness operators around the world.

As the company continues to secure the leading health club operators and supply agreements, it has been building its inventory to be more responsive to the demand. The extended terms enable the firm to better service key accounts on many levels.

As part of the agreement, a new centralized fulfillment center will be established at the EVB facilities in Shenzhen. The new facility will consolidate XFit Brand’s manufacturing from its 5 different manufacturers across China. It will increase the Company’s efficiencies and reduce its cost to serve through consolidation of shipments to major international customers utilizing the new fulfillment center and logistics capabilities. As part of the expansion, XFit Brands will also be augmenting its portfolio to be produced with EVB.

Dave Vautrin, CEO of XFit Brands said, “EVB has been a great partner or the Company, and the expanded relationship with them enables us to further our international expansion. The Company has been growing at >40 percent, and this agreement will enable us to continue that growth and do so more efficiently. We believe the agreement will enable us to better meet demand and optimize working capital, as the company works to fulfill recent agreements in North America, as well as Saudi Arabia, Australia and adjacent countries.”

Photo courtesy XFit Brands, Inc.